In 2022 the company purchased direct raw material RM55,000, and direct labor cost RM32,000. Prepare Cost of goods sold schedule for the company. 

Raw material opening Raw material closing Work in process opening Work in proses closing Finished goods Opening Finished good Closing Indirect Material Indirect labor Selling and administrative Expenses Depreciation Utilities Others RM 75,500 38,900 8,000 6,500 7,700 7,820 8,500 7,450 5,700 3,500 1,650 1,800